Fair Plain, MI Cost Of Living
Cost Of Living In Fair Plain, MI Summary
Cost of living in Fair Plain research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Fair Plain is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Michigan, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Fair Plain is 84, with 100 being the average.
The cost of living index in Fair Plain is 0.8x lower than the national average.
Fair Plain ranks as the #32 cheapest in Michigan out of 180.
Fair Plain ranks as the #406 cheapest out of 6,489 in the US.
The median home value in Fair Plain is $175,677.
The median income in Fair Plain is $55,536.
Table Of Contents
Fair Plain's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Fair Plain, MI?
According to the most recent data on the cost of living, Fair Plain has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Michigan, Fair Plain has a cost of living index that's 0.9x lower than Michigan's index of 90.
The standard of living in Fair Plain ranks as #32 most affordable out of the 180 places we measured in Michigan. By definition, that implies Fair Plain ranks as the #148 most expensive place in the Wolverine State.
For more reading on life in Fair Plain, check out:
In Michigan
In America
Fair Plain Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Fair Plain. Here is how it fairs on each of the criteria:
The Services index in Fair Plain is 89.
The Groceries index in Fair Plain is 99.
The Health index in Fair Plain is 86.
The Housing index in Fair Plain is 69.
The Transportation index in Fair Plain is 97.
The Utilities index in Fair Plain is 107.
| Living Expense | Fair Plain | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 84 | 90 | 100 | |
| Services | 89 | 93 | 100 | |
| Groceries | 99 | 97 | 100 | |
| Health | 86 | 91 | 100 | |
| Housing | 69 | 72 | 100 | |
| Transportation | 97 | 96 | 100 | |
| Utilities | 107 | 99 | 100 | |
Fair Plain, MI Housing Cost Breakdown
Housing swings affordability the most between places in Michigan, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Fair Plain is $175,677.
The Median Rent in Fair Plain is $989.
The Median Income in Fair Plain is $55,536.
The Home Value To Income in Fair Plain is 3.2x.
The Rent To Monthly Income in Fair Plain is 0.21x.
| Statistic | Fair Plain | Michigan | United States |
|---|---|---|---|
| Median Home Value | $175,677 | $258,642 | $303,400 |
| Median Rent | $989 | $1,084 | $1,348 |
| Median Income | $55,536 | $71,149 | $78,538 |
| Home Value To Income | 3.2x | 3.6x | 3.9x |
| Rent To Monthly Income | 0.21x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Fair Plain, MI Costs By Category
Detailed Fair Plain Services Costs Vs. Michigan
| Item | Fair Plain | Michigan |
|---|---|---|
| Shampoo | $1.14 | $1.28 |
| Movie | $8.35 | $12.13 |
| Bowling | $16.07 | $18 |
| Haircut | $19.25 | $24.26 |
| Beauty Salon | $26.42 | $45.56 |
Detailed Fair Plain Groceries Costs Vs. Michigan
| Item | Fair Plain | Michigan |
|---|---|---|
| Ground Beef | $6.62 | $5.84 |
| Fried Chicken | $1.38 | $1.57 |
| Milk | $4.65 | $4.67 |
| Potatoes | $4.58 | $4.93 |
| Pizza | $11.14 | $12.09 |
| Beer | $9.06 | $10.41 |
| Toothpaste | $3.59 | $3.7 |
Detailed Fair Plain Health Costs Vs. Michigan
| Item | Fair Plain | Michigan |
|---|---|---|
| Optometrist | $74.5 | $125.68 |
| Doctor | $121.31 | $135.78 |
| Dentist | $112.0 | $113.29 |
Detailed Fair Plain Transportation Costs Vs. Michigan
| Item | Fair Plain | Michigan |
|---|---|---|
| Gasoline | $3.34 | $3.46 |
| Tire Balancing | $54.56 | $59.92 |
Detailed Fair Plain Utilities Costs Vs. Michigan
| Item | Fair Plain | Michigan |
|---|---|---|
| All Electricity | $205.85 | $193.99 |
| Phone | $184.44 | $192.25 |
Fair Plain SnackAbility
/10
Cost Of Living In Cities Around Fair Plain
The cost of living varies in the cities and towns around Fair Plain. Here's a quick look at the cost of living in the most populous nearby places:
Portage, MI has a cost of living index of 94, 1.1x Fair Plain.
Goshen, IN has a cost of living index of 88, 1.0x Fair Plain.
Granger, IN has a cost of living index of 102, 1.2x Fair Plain.
| City | Population | Cost Of Living | Vs. Fair Plain |
|---|---|---|---|
| Portage, MI | 49,015 | 94 | 1.1x |
| Goshen, IN | 34,374 | 88 | 1.0x |
| Granger, IN | 30,279 | 102 | 1.2x |
| Chesterton, IN | 14,326 | 107 | 1.3x |
| Benton Harbor, MI | 9,023 | 78 | 0.9x |
| Westwood, MI | 8,968 | 91 | 1.1x |
| St. Joseph, MI | 7,805 | 96 | 1.1x |
| Nappanee, IN | 7,040 | 87 | 1.0x |
| Eastwood, MI | 6,704 | 82 | 1.0x |
| Dunlap, IN | 6,602 | 91 | 1.1x |
